SEC Chairman Confirms Ethereum is Not a Security

In response to the news that the US Securities and Exchange Commission Chairman, Jay Clayton, has confirmed that Ethereum is not a security, some initial reactions from executives in the space were noted. In correspondence analysing a report from the Division of Corporate Finance, William Hinman, Clayton reiterated that “if the network on which the token or coin is to function is sufficiently decentralized” then it is not subject to securities law.   The below crypto industry executives have provided expert commentary on the significance this has on projects in…

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Odyssey Announces World’s Largest Blockchain and AI Hackathon

  With €200k up for grabs, the third edition of the event, which is supported by the Dutch government, will highlight the importance of open digital public infrastructure   Groningen, The Netherlands – Odyssey, an Open Innovation Program by DutchChain which connects innovative ideas with governmental, corporate, and non-profit partners to address complex societal challenges using emerging technologies, has announced the third edition of the world’s biggest blockchain and AI hackathon.     Rutger van Zuidam, Founder and CEO of DutchChain and Odyssey, commented: There has been a lot of…

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